analytics

Business Sales Market the Wheel is turning

 

I attended the Australian Institute of Business Brokers AGM late last week, to which many brokers echoed the relief that the federal election is now behind us. Many brokers experienced (including ourselves) an almost immediate impact in the level of enquiry (see week 38 below in the graph). However, due to Grand Final week and school holidays the momentum on the enquiry front slowed in week 39.

In this report, I thought I also show our Activity Graph for the year to date. I believe this graph displays perfectly the effect the federal election has had on general Business Sales activity. The activity graph measures the number of records added to our CRM. As you can see we start the year fairly strong and slowly slid downwards towards the election in early September in which afterward activity picks up again.